I think the iPad is pretty dumb. If you have disposable income it could be a fun toy but like you said, why not just get a laptop instead? Even an iPod touch would make more sense.

I kinda hate the name too, so now I have to counter your well-written critique of the iPad with some of the numerous jokes that spewed out after its release:

"Will iffy wi-fi coverage become know as iSpotting?"

"Can I get a scented iPad for when my data feels not-so-fresh?"

"The 64G iPad will forever be know as the 'heavy-flow model.'"

"If my girlfriends and I all buy one, will they sync up?"

"If I order this, should my boyfriend and I worry if it arrives late?"